Information for Sellers

Aug. 2, 2025

What is an Escape Clause?

 

🔑 What is an Escape Clause?

  • It’s also known as a “72-hour clause” (though the time frame can vary).

  • It allows a seller to accept a conditional offer (e.g., the buyer still needs to sell their own home or secure financing), but …

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July 12, 2025

Dreaming of a Backyard Escape? Think Shed This Summer!

Summer is the perfect season to expand your backyard’s potential—and a well-built shed could be the ultimate upgrade. In Toronto’s competitive real estate market, homeowners are turning their sheds into functional extensions of their living space.

 

Backyard Shed

 

More Than Just Storage
Whether you’re working …

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April 18, 2025

Splitting Up? Here’s How Spousal Buyouts Work

How Spousal Buy Out Works in Real Estate

 

Splitting Up? Here’s How Spousal Buyouts Work

Going through a divorce or separation is never easy, and things can get even more complicated when you share a home. A spousal buyout is one way to help make the process smoother. It lets one person keep the …

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Dec. 7, 2024

Struggling to Pay Your Mortgage? Here’s What You Can Do

 

Facing difficulties in managing mortgage payments can feel overwhelming, but it’s important to know that you’re not alone—and there are solutions available. Canadian banks and financial institutions regularly provide guidance and resources to help homeowners navigate financial challenges. Whether you’re dealing with high interest rates, unexpected expenses, or …

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Nov. 23, 2024

Top 29 Mistakes First-Time Home Sellers Should Avoid

Sellers Mistakes

Overpricing Your Home

Overpricing is a common mistake that can hurt your chances of a quick sale. Buyers are well-informed and have access to market data, so setting an unrealistic price will likely deter …

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Nov. 1, 2024

Will Lower Interest Rates Fix Housing Unaffordability for Homebuyers?

Last week, the Bank of Canada announced its steepest interest rate cut, slashing it policy rate by 50 basis points to 3.75 percent. With the exception of the pandemic, such a drop in the key interest rates was last seen during the height of the financial crisis in 2009.

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Oct. 25, 2024

This Winter, Do Your Part to Fight Climate Change: Install a Heat Pump.

The unseasonable warmth of this fall season, quite similar to last year, is only one of the many serious manifestations of the undeniable and existential threat posed by global climate change, which continues to impact lives here in Canada and around the world.

Thankfully, governments at the municipal, …

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Oct. 18, 2024

Make This Winter More Luminous with a New Fireplace

The inviting sounds of crackling wood or the riveting sight of glowing embers in a dying fire. Cozy fireside chats with friends or family. Sleepovers with fun-filled marshmallow roasting sessions. Or just a solitary but warm interlude spent reading or relaxing next to a roaring fire.

A home’s …

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Oct. 11, 2024

Fall & Winter Maintenance Tips For Your Home

It’s the week before Thanksgiving. Fall season is well underway, and the nip in the air keeps getting sharper with each passing week. Before we know it, winter will be here. For homeowners, that is your cue to make sure you and your home are well prepared for the …

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Sept. 27, 2024

Buying a Home? Get Homeowners’ Insurance First

Even as adequate housing supply and affordability continue to remain top of mind for many Canadians, for those of our readers who are fortunate to be homeowners or are considering buying a home in the near future, the importance of getting your home insured cannot be stressed enough.

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